Commercial for sale in Palma de Mallorca, Mallorca

Reference: 174744

Bar-cafeteria for sale with freehold premises and over 34 years in business

An attractive hospitality investment opportunity: a 67 m² bar-cafeteria, located in an area with heavy pedestrian and vehicular traffic. It has been operating for over 34 years and has built a well-established presence in the area.

The establishment features a practical layout and a welcoming atmosphere, with a spacious service bar and a main dining area that can currently seat five tables of four, as well as nine stools at the bar. At the entrance, there is a small outdoor terrace and permission to place two additional tables on the pavement, providing an appealing space for outdoor dining.

The layout also includes a fully equipped kitchen with an extractor flue, a storage area and two restrooms, providing everything needed to run a hospitality business.

The premises are being sold with all existing machinery and equipment, allowing the new owner to continue operating the business from day one without having to start from scratch.

Key features:

- 67 m² of usable floor space.
- Freehold premises.
- Bar-cafeteria business with over 34 years in operation.
- Outdoor terrace.
- Permission for two additional tables on the pavement.
- Spacious service bar.
- Indoor dining area with seating for 20.
- Nine stools at the bar.
- Fully equipped kitchen with an extractor flue.
- Two restrooms.
- Storage area.
- All machinery and equipment included.
- Verifiable revenue documented with supporting records.
- Sale due to the owner's retirement.

An excellent opportunity for hospitality entrepreneurs or investors looking to acquire a long-established business with equipment included and, above all, freehold premises.

The premises have a bank valuation of 202,000, covering the property only. A copy of the valuation will be provided to interested parties.

An opportunity to acquire an established business with a rich history and a property asset with an independently assessed value.

For more information or to arrange a viewing, please get in touch.